Sources: LafargeHolcim, Zurich; CP staff Holcim Participations (US) Inc. has completed the acquisition of Firestone Building Products earlier than projected, positioning parent LafargeHolcim to target a new and expansive building market segment. The Nashville-based manufacturer is a key player in commercial roofing and building envelope solutions in the United States, with 2020 sales approaching $2 billion, and has 15 production…
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LafargeHolcim measures building enclosure prospects in Firestone deal
Sources: LafargeHolcim Ltd., Zurich; CP staff LafargeHolcim projects a second quarter closing on a $3.4 billion deal for Nashville-based Firestone Building Products (FBP), the largest acquisition in the company’s five-year history and one stretching well beyond its cement, aggregate and ready mixed concrete production competencies. With a full range of EPDM (ethylene propylene diene monomer), thermoplastic polyolefin, PVC, asphalt and…
Read MoreSouthwest market prospects drive Eagle Roofing’s tile capacity expansion
Sources: Eagle Roofing Products, Rialto, Calif.; CP staff Eagle Roofing will boost capacity 15 percent at its Phoenix concrete tile operation, bringing monthly output potential to 115,000 squares, equivalent to the volume of product required for 2,850 homes.
Read MoreTargeting fall prevention, OSHA opens June with national stand-down
Sources: Occupational Safety & Health Administration; CP staff
As announced earlier this year, OSHA has designated June 2-6 for a national construction site stand-down—contractors and crews pausing workdays to review ladder, scaffolding and roofing work safety—aiming to raise awareness about hazards accounting for the highest number of deaths in the industry.
Read MoreHeadwaters acquires majority stake in Florida roof tile business
Sources: Headwaters Inc., South Jordan, Utah; Lincoln Intl., Chicago; CP staff
Headwaters has closed on separate transactions involving an 80 percent equity interest in Okeechobee, Fla.-based Roof Tile Inc., which produces and markets Entegra brand concrete lines in Florida and Caribbean markets, plus a 40 percent stake in a related joint venture behind Tag & Stick, a roofing underlayment product.
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